Capital Gains Manual

Valuation of assets: unascertained values: unlisted shares

Where you are told that the value was not ascertained

inform the taxpayer or agent. You should explain that in these circumstances the figure returned for probate has no binding effect for capital gains purposes and it is necessary to now consider the valuation using the principles and procedures apply to Capital Gains Tax cases

issue form CG30 to Shares and Assets Valuation completed in accordance with CG59560+.